Disinfectant and Cleaning Agents Market By Type (Liquids, Wipes, and Sprays), By Composition (Quaternary Ammonium Compounds, Chlorhexidine Gluconate, Alcohols, Aldehydes, Hypochlorite, and Others), By End-user (Hospitals, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029

Disinfectant and cleaning agents market accounted for US$ 16.2 billion in 2019 and is estimated to be US$ 32.7 billion by 2029 and is anticipated to register a CAGR of 7.4%.

Disinfectant and cleaning agents are antimicrobial components with the capacity to destroy harmful microorganisms such as fungi, bacteria, and viruses. There are numerous types of disinfectants available in the global market including oxidizing agents, quaternary ammonium compounds, phenolic, and aldehydes. Phenolic compounds are usually used as disinfectants for environmental surfaces such as laboratory surfaces and non-critical medical devices including blood pressure cuffs, stethoscope, furniture, and hospital beds.

Impact of Covid-19 pandemic on market

Growing demand for disinfectant and cleaning agents, as a preventive measure for Covid-19, has resulted in the changing dynamics of these market spaces. Various antimicrobial agents are being stockpiled as regular household goods. This report will quantify the impact of this pandemic on the disinfectant and cleaning agents market.

Growing cases of hospital-acquired diseases

Increasing the incidence of hospital-acquired infections (HAIs) will expand the growth of the global disinfectants and cleaning agents market globally. HAIs occur specifically during a patient’s stay at hospitals and some related facilities. They are termed as nosocomial infections. These infections include hospital-acquired pneumonia, surgical site infections, bloodstream infections, urinary tract infections, and others. Moreover, patient’s immune status, longer hospital stays, older age are some of the factors additionally contributing to the industry progression. Thus, in order to reduce the rate of HAIs, numerous regulatory guidelines are adopted to decline the prevalence of infections.

Rising government support

Government initiatives to minimize the cases of HAIs and to create awareness regarding personal and home hygiene are anticipated to create growth opportunities for the market players. Growing awareness, particularly across the developing countries, such as the Asia Pacific, the Middle East, and Africa, and Latin America is expected to further boost the market over the forecast period. Further, growth in the pharmaceutical industry is expected to support the growth of the disinfectant and cleaning agents market. According to the International Federation of Pharmaceutical Manufacturers & Associations, the global pharmaceutical industry is projected to estimate for US$ 1,430 billion by 2020, thus growing demand for disinfectants.

Conversely, lack of relevant knowledge in developing countries and stringent regulations related to the usage of antiseptics & disinfectants hampers the growth of the target market.

Disinfectant and cleaning agents market is segmented based on type, composition, end-user, and region.

On the basis of type, the disinfectant and cleaning agents market is segmented into liquids, wipes, and sprays. Based on composition, the target market is segmented into quaternary ammonium compounds, chlorhexidine gluconate, alcohols, aldehydes, hypochlorite, and others. On the basis of end-user, the target market is segmented into hospitals, diagnostic laboratories, pharmaceutical & biotechnology companies, and others.

Regional Insights:

In the region, the disinfectant and cleaning agents market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America's disinfectant and cleaning agents market would estimate for a lucrative revenue share by 2029 due to the growing prevalence of chronic diseases in the region. Growing elderly population base suffering due to various types of disorders and the presence of key market players will propel the overall regional growth. Asia Pacific is predicted to grow with a maximum CAGR in the forecast period, owing to being heavily populated region and home to some contagious diseases. The high poverty level and the existence of slums in poor and developing nations surges the chance of infection and the need to have hygienic surroundings is crucial in the region.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, it has segmented the disinfectant and cleaning agents market report based on type, composition, end-user, and region.

Disinfectant and Cleaning Agents Market, By Type:

• Liquids
• Wipes
• Sprays

 Disinfectant and Cleaning Agents Market, By Composition:

• Quaternary Ammonium Compounds
• Chlorhexidine Gluconate
• Alcohols
• Aldehydes
• Hypochlorite
• Others

 Disinfectant and Cleaning Agents Market, By End-user:

• Hospitals
• Diagnostic Laboratories
• Pharmaceutical & Biotechnology Companies
• Others

Disinfectant and Cleaning Agents Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the disinfectant and cleaning agents market include Procter and Gamble, Ecolab, Cantel Medical, Metrex Research, SC Johnson Professional, Steris, The Clorox Company, 3M Company, Diversey, and Whiteley. Prominent players are adopting various growth strategies including product expansion, mergers, and collaborations to withstand in the market competition. For instance, In April 2020, Cantel Medical Corp. announced the specific areas of focus and associated actions to combat the COVID-19 virus. In these unprecedented times, the company is concentrating on enhanced production, product innovation, and value-add COVID-19 education in support of first-responders and other healthcare professionals.

• Procter and Gamble
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Ecolab
• Cantel Medical
• Metrex Research
• SC Johnson Professional
• Steris
• The Clorox Company
• 3M Company
• Diversey
• Whiteley

 “*” marked represents similar segmentation in other categories in the respective section.